Q35
Answer
Option d
the firm produces at MC=MR
where
Q=50 units and P=$5.5
total revenue =P*Q=50*5.5=$275
=======
Q36
Answer
Option c
ATC=4.5
Economic profit =(P-ATC)*Q
=(5.5-4.5)*50
=50
Please solve both and show work. Use the graph below oh below to answer the next two questions. ATC MC $5.50 AVC $4....
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